The First Trust NASDAQ-100-Technology Sector Index Fund is an exchange-traded index fund. The investment objective of the Fund is to replicate as closely as possible, before fees and expenses, the price and yield of the Nasdaq-100 Technology Sector Index.
The current price of QTEC is $304.62 USD — it has increased by +1.71% in the past 24 hours.
The monthly change is a +16.32% rise. Over the last year, QTEC has showed a +55.41% increase.
QTEC assets under management is $3.5B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QTEC expense ratio is 0.55%. It's an important metric for helping understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
QTEC shares are issued by First Trust.
No, QTEC does not pay dividends.
Investors in Latin America can buy foreign ETFs through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.
Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the fund.
Many investors in Latin America buy international ETFs like QTEC to protect their purchasing power. Because QTEC is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your portfolio remains protected from local inflation.
No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.